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Sanchez Energy Corporation Message Board

  • frank.bond67 frank.bond67 Jun 2, 2012 12:05 AM Flag

    Capex budget

    Just poking around.
    It looks like they are going to go at it hammer and tong. They have a drilling & infrastructure budget planned for $145 million this year. Over $200 million in 2013.
    They have about $60 million in the kitty and not a lot of cash flow at this point. If I figured it right they will be at least $50 million short this year. At least that again in 2013. Does anyone know how they plan to fill the gap? Equity? Debt? I can't find where they addressed the issue. Any help?

32.92-1.33(-3.88%)Jul 11 4:02 PMEDT

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